Mason Bend Property Owners' Association

Key facts from Mason Bend Property Owners' Association's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Property Owners' Association (HOA) (Section 1(e) definition of Association a)

Developer / declarant

Mason Bend, L.L.C., a North Carolina Limited Liability Company, its heirs, successors and assigns (Section 1(a) and preamble)

Governing law

North Carolina General Statutes (referenced in lien foreclosure, Article 2A of Chapter 45) (Section 8(e))

Assessments & dues

$500 per year per Lot (initial), subject to annual adjustment by Association (Section 7(b): 'An amount of $500 per yea)

Special assessments

Additional assessments may be levied for emergencies; non-budgeted common expenses >15% require ratification (Section 7(b) and 8.3)

Collections & liens

Association has lien for unpaid assessments; lien prior to all except prior mortgages and taxes; foreclosure as mortgage under power of sale (Article 2A of Chapter 45 NCGS); lien extinguished if not enforced within 3 years of docketing (Section 8 (a) through (e))

Reserves & fees

Association may carry forward surplus; not obligated to spend all collected in a year (Section 7(f))

Pets

Pets are allowed but must be contained in front or rear yards using fences (rear yard) or electronic fences (front or rear yards). Applies to dogs, cats, and any other domestic animals. (Section 6(c))

Leasing & rentals

Not explicitly addressed; residential use only, but leasing as a private residence may be inferred; no prohibition on leasing stated

Parking & vehicles

Each lot owner shall provide space for parking three (3) automobiles off the street prior to occupancy. Cars/vehicles may not be parked on lawns, grass, or in backyards. On-street parking discouraged due to narrow roadway; guests may tempor (Section 4(e))

Fences

Fences require approval (Section 3(c)); pets must be contained using fences (rear yard) or electronic fences (front or rear yards) (Sections 3(c) and 6(c))

Architectural approval

Yes, for any building, fence, wall, structure, or alteration of lot grade/elevation/physical characteristics, including exterior colors and finishes. Plans must be approved in writing by Declarant (or Board as Design Review Committee). (Section 3(c))

Home business

Prohibited: 'No building ... shall be used as a professional office or charitable, or religious institution, or for business or manufacturing purposes, or for any use whatsoever other than as a private residence.' (Section 4(f))

Signs & flags

Mailbox size, location, design, and material must be approved by Declarant; no other signs explicitly addressed except no business signs implied by residential use (Section 17)

Setbacks / home size

Front building setback line: 40 feet from front of each lot. Side setback: minimum 10 feet from each side. Variances permitted under Section 3(b). (Section 4(b))

Maintenance

Owner responsible for maintenance of their lot and buildings; Association maintains common areas (streets, roads, community land, etc.) from assessments. (Section 6(a) and Section 7(c))

Insurance

Association may procure liability insurance covering liability from maintenance and improvements of streets, roads, drives, rights-of-way, community land and facilities, gazebos, green areas. (Section 7(c))

Use restrictions

Lots shall be used for residential purposes exclusively; no professional office, business, manufacturing, etc.; no apartment houses or duplexes (Section 5(a) and Section 4(f) final part)

Voting & meetings

Lot Owners; budget ratification requires meeting of Lot Owners; 80% rejection needed to overturn budget (Section 8.2)

Amendments

Covenants automatically extended for successive 10-year periods after initial 20 years, unless an instrument signed by a majority of lot owners substantially affected is recorded to change them. (Section 13)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.